Sunil Shah of CFOworld discusses recent research that shows that measuring the satisfaction of a Chief Information Officer is practically a numbers game. The difference between a happy and an unhappy CIO all comes to down to numbers.
Satisfied (Happy) v. Not Really Satisfied (Not So Happy)
In the CIO research, Information Technology leaders in India were divided into 2 groups: those who said they were satisfied with their jobs and those were looking to move somewhere else. The dissimilarities included a lot of factors. And much of it boils down to how much they are paid, how much their IT budgets have increased, how their business peers perceive them, how much they outsource, what activity they spend most of their time on, their major challenge, their plans for the future, and the use of cloud computing.
The first of these factors comes as no surprise – money. Money-themed scenarios show that these make up most of the divide separating the satisfied CIOs and their unhappy counterparts.
On average, among the satisfied group, 74 percent said they had seen their compensations increase this year. That's compared to only 60 percent in the satisfied-but-looking-to-move group. 84 percent of Indian CIOs who say they are satisfied, also saw an increase in their IT budgets. A 21 percent increase, to be exact. In comparison, only 67 percent of CIOs who aren't as satisfied with their jobs, saw their IT budgets increase. And they only saw a 13 percent rise.
The other factors also clearly show that certain things – activities, plans and even cloud computing – are major aspects of what really determines if a CIO wants to stay put or jump ship to the next best opportunity. Anybody who says happiness is not a number should really think otherwise.
Read the Original Article: http://www.cfoworld.com/operations/91487/what-makes-satisfied-indian-cios